Clariter

Company Overview

Snapshot

Founded in March 2003 by Ran Sharon, Clariter operates with 51–200 employees. The company has secured $76.2M in total capital across 6 funding rounds. In February 2023, Clariter announced a partnership with TotalEnergies Fluids to produce ultra-pure solvents from plastic scrap, highlighting its progress in sustainable chemical recycling.

Business overview

Clariter is an Industrial Technologies company focused on chemical recycling to address plastic waste. The company's core technology converts various types of plastic into three primary products: oils, waxes, and solvents, collectively known as ClariProduct. These products are designed for over 1,000 industrial and consumer applications, serving as sustainable alternatives to petrochemicals derived from fossil fuels. Clariter operates within sectors such as Material Innovations & Applications, Climate Tech, and Sustainable Materials & Circularity, targeting industries including waste treatment, environmental services, recycling, and various process industries like plastics and chemicals.

Strategic signal

In February 2023, Clariter partnered with TotalEnergies Fluids to produce ultra-pure solvents from plastic scrap. This collaboration signals a significant validation of Clariter's chemical recycling technology and its potential to scale, demonstrating commercial viability and market acceptance for its sustainable petrochemical alternatives. For investors, this indicates strong strategic momentum and a pathway to broader industrial adoption, reinforcing the company's role in circular economy initiatives.

Company Intelligence Q&A

What is Clariter's core technology?

Clariter has developed a chemical recycling process that converts various types of plastic waste into three main products: oils, waxes, and solvents, collectively known as ClariProduct.

What was a key partnership announced by Clariter?

In February 2023, Clariter announced a partnership with TotalEnergies Fluids to produce the first ultra-pure solvents made from plastic scrap.

What is the primary environmental benefit of Clariter's process?

Clariter's process mitigates climate change by reducing dependency on crude oil and cutting carbon emissions, converting plastic waste into hydrocarbon products and utilizing the resulting gas as energy within their process.

What types of products does Clariter produce from plastic waste?

Clariter produces oils (Oilter), waxes (Clariwax), and solvents (Solventra) from plastic waste, intended for over 1,000 industrial and consumer applications.

When was Clariter founded and by whom?

Clariter was founded in March 2003 by Ran Sharon.